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Jarden Reaffirms Their Buy Rating on REA Group Ltd (RPGRF)

Jarden analyst Research Report) yesterday and set a price target of A$133.00. The company’s shares closed last Wednesday at $77.79.

According to TipRanks, Kennedy is an analyst with an average return of -12.6% and a 21.43% success rate. Kennedy covers the Technology sector, focusing on stocks such as Carsales.Com Limited, Seek Limited, and Xero Limited.

In addition to Jarden, REA Group Ltd also received a Buy from Credit Suisse’s Entcho Raykovski in a report issued yesterday. However, on the same day, Morgan Stanley maintained a Hold rating on REA Group Ltd (Other OTC: RPGRF).

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The company has a one-year high of $132.50 and a one-year low of $64.37. Currently, REA Group Ltd has an average volume of 2,859.

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REA Group Ltd. engages in the provision of property and property-related services on websites and mobile apps across Australia and Asia. It operates through the Property and Online Advertising; and Financial Services segments. The Property and Online Advertising segment derives revenue from Australia, Asia and North America operations. The Financial Services segment consists of commissions earned from mortgage broking and home financing solutions offered to consumers. The company was founded in 1995 and is headquartered in Richmond, Australia.

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